BEDS4
BATHS4 full 1 partial
SQUARE FEET3,542
MLS#73564750
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Dont miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield??combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Interior Entry, Bulkhead, Concrete
Cooling: Window Unit(s)
Heating: Electric
Lot Size: 0.12 Acres
Stories: 5.0
Taxes: $14,819
Year Built: 1880
Feature Descriptions
Appliances: Washer, Dryer, Range, Refrigerator
Building Area Total: 3542
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 86
Dwelling Type: 4 Family - 4 Units Up/Down
Electric: Individually Metered
Flooring: Tile, Carpet
Frontage: 146.00
HeatingY/N: 1
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: 818418
Parking Features: Off Street, Paved
Parking Total: 6
Rent Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
Rooms Total: 16
Sewer: Public Sewer
Units: 5
Utilities: for Electric Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: Century 21 North East
Agent Name: Rachel Gallant
Agency Phone: 978-535-6500
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,136.63 per month $3,449.63 Principal & Interest $1,234.92 Property Tax $452.08 Homeowner's Insurance
306 Main Street | MLS# 73564750
This multi-family property located at 306 Main Street, Wakefield, MA 01880 is currently listed for sale with an asking price of $1,550,000. Search Wakefield real estate on www.masiellogrouprealestate.com today.